Products

Products

Super Term

Super Term is a non-participating, renewable, convertible
term insurance plan. The policy is for 5, 10, 15, 20, 25 or
30 year renewal term periods to age 80 nearest birthday.
The minimum issue age is 18. The maximum issue age
is dependent upon the term chosen as follows:

Renewal Term

Minimum Issue Age

Maximim Issue Age

Expiry Age

5

18

75

80

10

18

70

80

15

18

65

80

20

18

60

80

25

18

55

80

30

18

50

80

SUM INSURED

The minimum sum insured is $5,000,000. The following
sum insured bands are available:

A volume discount of $0.05 per $1,000 sum insured
is applied to each successive band after the first band.
Hence:

The premium per $1000 is reduced by $0.05 for a
sum insured falling in the second band.

The premium per $1000 is reduced by a further
$0.05 for a sum insured falling in the third band.
In addition, a policy fee is charged which the Company
can vary from time to time.

EXPIRY DATE

The expiry date is the policy anniversary upon which the
Life Insured attains age 80.

LIFE INSURANCE COVER

The benefit payable on death is the Sum Insured less
any Indebtedness. Provided that this policy has been in
force for at least two years, half of this amount subject
to an upper limit decided by the Company from time to
time, is payable upon diagnosis of a terminal illness,
where the Insured Person is not expected to live for
more than six months.

RIDERS

Disability Waiver of Premium Rider

In the event that you become totally disabled before
age 60 for a period exceeding 6 months, the Company
will waive the payment of each premium due for the
subsequent length of your disability.

Accidental death and Dismemberment

If you are injured by external, violent and accidental
means, the Company will pay out a percentage of the
sum insured. In the event of loss of life, such payment
will be made to the Beneficiary. In any other cases, such
payment will be made to the Applicant.

The Return of Premium Rider

The Return of Premium Rider can be added to the policy
if a 15, 20, 25 or 30 year renewal term period is selected.
The maximum issue age – or age at renewal – for this
benefit is such that the age at issue – or age at renewal
– plus the term does not exceed 80.